UNIVERSITY DECISION ON DIVESTMENT

Check out this article in The Independent for extended coverage of the University of Cambridge’s decision on fossil fuel divestment.

Though Zero Carbon welcomes the University’s blacklisting of coal and tar sands companies, this decision has not gone far enough. The University’s rejection of divestment from oil and gas companies contradict it’s own mission statement, citing “concern for sustainability and the relationship with the environment.”

It is increasingly clear that fossil fuel companies are not part of a liveable future and that shareholder engagement has not, and will not succeed.

The fight will continue next year. #DivestCambridge

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